WAEC Agricultural Science 2000 Question 58

Question 58

Basic Agricultural Economics

The quantity of rice that a consumer is willing and able to buy during a given period is simply the consumer's

  1. A.demand for rice
  2. B.elastic limit
  3. C.supply of rice
  4. D.preference for rice.
Show the answer and explanation

Answer: A (demand for rice)

Explanation

That is the definition of demand.